Techmeme
July 12, 2019, 4:40 PM

Top News

Richard Lawler / Engadget:
Trump says cryptocurrencies including Facebook's Libra are “not money”, need to be regulated, citing their high volatility and facilitation of unlawful behavior  —  Just hours after a “social media summit,” the president's Twitter account posted a thread aimed at, of all things, cryptocurrency.
Mark Gurman / Bloomberg:
Sources: Amazon is developing an Echo speaker with improved audio quality to rival Sonos, HomePod, for release next year, and ramping up work on its home robot  —  - Echo speaker to include improved audio to rival Sonos, HomePod  — Wheeled robot, codenamed ‘Vesta,’ can be summoned by voice
Emily Glazer / Wall Street Journal:
Source: in a 3-2 vote, FTC commissioners have approved a $5B settlement with Facebook over the company's privacy violations  —  FTC commissioners broke along party lines, 3-2, with the Republican majority lining up to support the pact while Democratic commissioners objected
Mary Jo Foley / ZDNet:
Microsoft, after an outcry by many of its reseller partners, now says it will not charge them for internal use of the company's products and services  —  Microsoft is not going to eliminate internal use rights for partners who've been using software obtained as part of Microsoft's partner-program benefits …
Caroline Haskins / VICE:
User manual for Palantir Gotham software, obtained via a FOIA request, shows the amount of information law enforcement can quickly access about any individual  —  Motherboard obtained a Palantir user manual through a public records request, and it gives unprecedented insight into how the company logs and tracks individuals.
Wolfie Zhao / CoinDesk:
Japanese cryptocurrency exchange Bitpoint says it was hacked for $32M in crypto assets, of which $23M belonged to its customers  —  Bitpoint, a licensed cryptocurrency exchange based in Japan, has been hacked for $32 million in crypto assets.  —  According to a CoinDesk Japan report on Friday …
Sarah Perez / TechCrunch:
YouTube unveils new ways for creators to make money, including Super Stickers for chats in livestreams and premieres and paid levels for Channel Memberships  —  YouTube is rolling out more ways for its creators to engage fans and generate revenue, the company announced today the VidCon event in Anaheim, California.
Richard Nieva / CNET:
Emil Protalinski / VentureBeat:
In Q2, IDC estimates global PC shipments grew 4.7% to 64.9M units; Gartner estimates 1.5% growth to 63M units; both say Windows 10 refresh contributed to gain  —  The PC market rebounded slightly in Q2, according to research firms Gartner and IDC.  After six years of quarterly PC shipment declines …
Adi Robertson / The Verge:
How the Mastodon community is dealing with the influx of hateful content after Gab migrated to Mastodon's decentralized open source protocol  —  Over the past few years, Mastodon has become the model for a friendlier kind of social network, promising to keep out the hateful or ugly content …
Tweets: @reckless
Naomi Nix / Bloomberg:
US Court of Federal Claims dismisses Oracle's complaint, clearing the way for the Pentagon to award a $10B cloud contract to Amazon or Microsoft  —  Oracle Corp. lost its legal challenge to the Pentagon's $10 billion cloud contract on Friday after a Federal Claims Court judge dismissed …
Kyle Wiggers / VentureBeat:
Etsy researchers, using their computer vision algorithms, were able to classify styles across 60M+ Etsy listings with 76% accuracy  —  Style matters a lot to Etsy's millions of merchandisers.  There's roughly 43 different categories their products occupy, from knitted ware and cosmetics …
Tweets: @edbott

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